Respected as a “preeminent bankruptcy partner” and a “change agent,” Michael Sirota is a recognized Band 1 attorney in the areas of bankruptcy and corporate restructuring by Chambers USA, listed in the 2020 Lawdragon 500 Leading U.S. Bankruptcy & Restructuring Lawyers, named a Trailblazer by New Jersey Law Journal, routinely featured on both the Best Lawyers and Super Lawyers (Top 10) lists and recognized as a Top 100 Bet-the-Company Litigator. In addition, his work over the past year has included ground-breaking law further accentuating his ability to craft innovative strategies on behalf of clients. No aspect of this advertisement has been approved by the Supreme Court of New Jersey. See Award Methodology.
Within the firm, Michael is Co-Managing Shareholder and Co-Chair of the Bankruptcy & Corporate Restructuring Department. Michael, along with fellow chairs, have led the department through the representation of more than 300 bankruptcy matters since 2019. These include clients across jurisdictions and industries, such as retail, hospitality, healthcare, pharmaceutical, life sciences, energy, manufacturing as well as other industries. Michael has restructured billions of dollars of distressed debt both in and outside of the courtroom on behalf of a diverse client base. In his recent representation of retailer, Sur La Table, the client noted “Sur La Table consummated a going concern sale in record time, exited bankruptcy with new owners and is now on solid financial footing due to the expertise, intelligence, and hard work of Michael Sirota and the Cole Schotz team.”
Michael represents publicly and privately held debtors, trustees, secured and unsecured creditors equity holders, indenture trustees, venture capitalists, private equity/hedge funds and parties with strategic interests in distressed situations and insolvency proceedings throughout the country. His clients include large corporations and high-net worth individuals who describe him as being “enormously quick on his feet” and “one of the best.”
Michael’s national practice also includes litigation prowess at the trial and appellate level, in various state and federal courts. In a recent complex commercial litigation matter, culminating in a 20-day evidentiary hearing, the client noted, “I’m pretty much a control freak, but when it comes to high-stakes litigation, I put it all in Mike’s hands. There is no one better.”
Representative Restructuring Matters
In addition, Michael has been lead counsel in countless restructurings including the following companies: Manchester Mall, Inc., EnCap Golf Holdings, LLC, Princeton Ski Shops, Best Manufacturing Group, LLC, Burke Industries, Inc., Topps Appliance City, Inc., Knights Lodging, Inc., Economy Lodging Systems, Inc., Carretta Trucking, Inc., Horowitz/Rae Book Manufacturers, Inc., Hit or Miss, Inc., Integral Nuclear Management, Workbench Furniture, Inc., Jazz Photo Corp., Linens 'N Things, and has represented substantial parties in the bankruptcy proceedings of K-Mart, Bethlehem Steel, New Valley Corporation, Bayonne Medical Center, Kara Homes, Rickel Home Centers, Inc., Neuman Distributors, Inc., Keystone Camera Corporation, MacGregor Sporting Goods, Inc., Mutual Benefit Overseas, Inc., Grand Court Lifestyles, Inc., Bradlees Stores, Inc., and Agway, Inc.
Representative Complex Litigation Matters
Regarded as a distinguished thought-leader in his field, Michael has been featured by prominent media outlets such as CNBC, CNN Moneyline, Fox Business, The Wall Street Journal, Bloomberg, Bisnow and Law360, to name a few. He is a frequent lecturer and author on bankruptcy topics for the New Jersey Institute for Continuing Legal Education, and has also co-authored both West Publishing’s New Jersey Practice Series Sirota and Meisel, Debtor-Creditor Law Practice (2020) and the New Jersey Bankruptcy Manual.
Michael continues to be strongly rooted within the legal community and has served as a member of the Lawyers Advisory Committee for the United States District and Bankruptcy Courts for the District of New Jersey. He served on the 2006, 2007, 2009 2012, 2019 and 2020 United States Magistrate Judges Judicial Selection Committee for the United States District Court and the 2006, 2013 and 2014 Merit Selection Committee for United States Bankruptcy Judges in New Jersey.
Michael is a Fellow in the American College of Bankruptcy. He is also a Fellow of the Litigation Counsel of America, The Trial Lawyer Honorary Society, and a member of the Trial Law Institute and Diversity Law Institute. Actively involved professionally as a member of the American Bankruptcy Institute, he is a former Master, in the Bankruptcy Inn of Court, and a member of the Board of Advisors for the New York State Bar Association’s Managing Partners Conference.
Syracuse University College of Law, J.D., cum laude, 1986
August 16, 2021
As published in: Law360 August 9, 2021
As published in: Law360 August 3, 2021
March 17, 2020Samuel Weiner, Richard W. Abramson, Gary M. Albrecht, Michael D. Sirota, Jordan A. Fisch, Jennifer L. Horowitz, Steven R. Klein, Randi W. Kochman, Leo V. Leyva, Norman L. Pernick, David A. Rubenstein, Jeffrey H. Schechter and Warren A. Usatine
New York Law Journal September 25, 2017Rebecca Hollander and Michael D. Sirota
COMMERCE Magazine November 6, 2015Michael D. Sirota
Law360 February 3, 2014David M. Bass, Michael D. Sirota and Ryan T. Jareck
West Publishing Group 2013Michael D. Sirota
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